The newly established SEC Crypto Task Force, led by Hester Peirce, aims to create a clear regulatory framework for crypto assets, marking a shift towards collaboration with the industry. Key initiatives include repealing SAB 121, examining security status, and developing guidelines for token offerings and custody solutions. This proactive approach seeks to foster innovation while ensuring necessary oversight in the evolving crypto landscape.
about SEC Crypto Task Force Unveils New Regulatory Framework for Digital AssetsGaryUyeda
0 posts last weekLeadership Changes at SEC and CFTC Signal New Direction for Crypto Regulation
Gary Gensler resigned as SEC Chair on January 20, 2025, with Mark Uyeda appointed as Acting Chair. Uyeda’s leadership may signal a shift towards a more supportive regulatory environment for cryptocurrency, contrasting Gensler’s enforcement-heavy approach. On the same day, Caroline Pham became Acting Chair of the CFTC, aligning with broader leadership changes under the Trump administration and promoting initiatives to foster growth in the digital asset sector.
about Leadership Changes at SEC and CFTC Signal New Direction for Crypto RegulationMark Uyeda Appointed Acting SEC Chair Following Gensler’s Resignation
Mark Uyeda has been appointed as the acting chair of the SEC following Gary Gensler’s resignation, coinciding with Donald Trump’s inauguration. Uyeda, a pro-crypto advocate, criticized the SEC’s enforcement approach towards the digital asset industry, calling it a “disaster.” Trump has nominated Paul Atkins for a permanent position, though his approval timeline remains uncertain.
about Mark Uyeda Appointed Acting SEC Chair Following Gensler's Resignation